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LSDefine

Simple English definitions for legal terms

will contract

Read a random definition: common-fund doctrine

A quick definition of will contract:

A will contract is a special type of will that creates a legally binding agreement between two parties. Instead of just giving away property as a gift, the person making the will promises to leave property to someone else in exchange for something of value, like money or services. This means that the promise must be kept, even after the person making the will has passed away.

A more thorough explanation:

A will contract is a legally enforceable agreement made through a will. It is created when a promise is made and supported by consideration to leave property by will to the promisee or other third-party beneficiaries.

For example, if John promises to leave his car to his nephew in his will in exchange for the nephew taking care of him in his old age, this creates a will contract. The nephew has provided consideration (taking care of John) in exchange for the promise of the car in the will.

Another example is if a couple agrees to leave their house to their children in their wills in exchange for the children paying off the mortgage on the house. This creates a will contract because the children have provided consideration (paying off the mortgage) in exchange for the promise of the house in the will.

Overall, a will contract is a way to create a legally binding agreement through a will, as long as there is a promise and consideration involved.

will contest | will execution ceremony

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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